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A Rivers State High Court sitting in Port Harcourt has ordered the Nigeria Agip Oil Company, NAOC, to pay 15% of its interest on its operation...
African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MoU) with the Export-Import Bank of the United States (U.S. EXIM) to enhance trade between Africa...
The World Bank has warned that the time and short transition period to the redesigned Naira notes will have a negative impact on economic activities and...
Minister of Information and Culture Alhaji Lai Mohammed has said that , there were series of painstaking negotiations between Twitter and the Nigeria before the micro...
National Insurance Commission has said that the industry industry recorded a total Asset of about N2.3 trillion, indicating a 9.0 per cent increase, YoY. It said...
Ghana has said it will suspend payments on most of its external debt, effectively defaulting as the country struggles to plug its cavernous balance of payments...
Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) says it will begin the operations of its microfinance bank early 2023. The Director-General of SMEDAN, Mr...
Nigerians in the diaspora remitted more than $20 billion in 2021, President Muhammadu Buhari said in Washington. The president made the comment at a presidential Town...
In order to ensure that directly impacted communities benefit immensely from the Petroleum Industry Act PIA 2021, the Host Communities of Nigeria producing oil and gas...
A group under the aegis of Point of Sale ( POS Operators ) in Nigeria has kicked against the cashless policy of the Central Bank of Nigeria...
Ending the week, the Lagos bourse maintained the bullish trend for the third consecutive session as the benchmark index closed 0.17% stronger to settle at 49,316.29 points,...
The Central Bank of Nigeria has directed banks to take down serial numbers of new Naira notes whenever it is withdrawn. Bank staff has said that they...
Nigeria Inter-Bank Settlement System (NIBSS) data indicate that bank customers in Nigeria transferred a total of N2.1 trillion over mobile in November 2022. The November figure brought...
The local bourse extended its positive close as gains in MTNN, STANBIC, and ZENITHBANK lifted the benchmark index by 0.5% to 49,233.02 points. Resultantly, the YTD...
The annual inflation rate in Nigeria rose for the 10th consecutive month to 21.47 per cent in November, recording the highest mark in 17 years, from...